That ob short area looks to be around 1044 on the es but by that
price we would have broken the triangle to the upside. How would
you play it in that case?
The objective area is higher as shown above as 15 minute
resistance 1049.50-1055 area. Nothing says it must go there
but that would be an objective zone.
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That ob short area looks
SPX Futures Symmetry Resistance and Support
Posted by chlo888 on 29th of Jun 2010 at 12:53 pm
That ob short area looks to be around 1044 on the es but by that price we would have broken the triangle to the upside. How would you play it in that case?
Thanks
The objective area is higher
Posted by steve on 29th of Jun 2010 at 12:56 pm
The objective area is higher as shown above as 15 minute resistance 1049.50-1055 area. Nothing says it must go there but that would be an objective zone.